Refer to the checklist when buying a used car
Posted on Thursday, May 31, 2012 at 6:31:06 PM
Before signing on the line for auto financing, you may want to refer back to a used car checklist to make sure you’re getting a good deal. Buying a vehicle is a significant purchase, and it is important to examine every knob and screw to help prevent owning a lemon.
Here are three actions to include on your checklist:
1. Conduct a background check. Write down the vehicle identification number (VIN), the name on the title and the name of the seller if he or she is not the dealer. According to CARFAX.com, many unlicensed, unregulated dealers try to pass themselves off as private sellers.
2. Get a vehicle history report. Ask the dealer or seller to provide a vehicle history report such as the ones offered by CARFAX to determine if the car has undergone many substantial repairs or been in an accident. If they do not provide one, request the necessary information such as the VIN so that you can order one yourself.
3. Bring it to a trusted mechanic. It is always a smart idea to bring a car to a trusted mechanic for an inspection before buying it to prevent the chance of many costly repairs in the future.
For a more complete vehicle checklist, consider searching your local state’s Department of Motor Vehicles website.